An organization linked to the El Salvadoran government has refuted claims that the country's plans to build a Bitcoin City have been scrapped. Critics point to the fact that original proposals stated that work on the project would begin in 2022. Several BTC-related projects have been scaled back or put on hold during crypto winter, including the issuance of BTC bonds.
President Nayib Bukele's social media activity regarding BTC has also decreased, although he has continued to post news about his high approval ratings. The organization, Escape to El Salvador, is closely linked to the Bitcoin Beach project, which inspired Bukele's pivot to BTC in 2021. Bitcoin Beach-linked bitcoiners have been working on a number of projects in the nation, and Jeremy, the Chief Advisor of Escape to El Salvador, is headquartered in the Bitcoin Embassy in San Salvador.
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